October 22, 2007
Prospector
Profile
1018-03
 
Small Business Company, Inc. NAICS 561110
674 Via de La Valle Solana Beach, CA 92075 Description Business Services
(858) 481-5600 Employees 2
Revenue (mil) 0.0000
  Income (mil) -0.6770
  Assets (mil) 0.0220
  Liability (mil) 0.3430
  (for the year ended 2007-06-30)
 
Category: Audit Concerns
 
Event: Moore & Associates expressed doubts on the ability of Small Business Company, Inc. to continue as a going concern after auditing its financial statements. The auditor notes that the Company has incurred net losses $1,054,121 as of June 30, 2007.
 
Intellectual Property: The Company has received copyright registration for The Best Small Business Book Ever Written (TX 5-915-046), DARE 2 Market Your Small Business (TXu1-290-967), DARE 2 Start Your Small Business (TXul-296-949) and DARE 2 Start Your Home Based Business (TXul-296-947). It has also applied for copyright registration for two additional books and has filed for a patent on its DARE Process. An Application for a Utility or Design Patent was filed for the DARE Process on July, 26, 2004. The U.S. Patent and Trademark Office confirmed receipt of the filing as Published Application Number 20050055234. The Company is awaiting confirmation of final patent approval for its four-step problem-solving process, which it may receive as early as early 2007, although the exact date is uncertain. The Company will rely on trade secret rights, confidentiality agreements and procedures and written arrangements to establish and protect proprietary rights with respect to its publications. [SEC Filing 10-KSB 09-28-07]
 
Description: The Company has been developing and testing a series of business improvement solutions for small business owners called DARE products.
 
Officers: Stuart Schreiber (Pres., CEO, CFO, Treas. & Dir.); David Larson (Chair, VP, COO & Sec.); Peter Barca (Dir.)
 
Auditor: Moore & Associates
 
Securities: 18,522,834 common shares outstanding as of September 12, 2007.
 
 
 
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